Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

Vishwas Agri Seeds IPO vs Vruddhi Engineering Works IPO

Comparison between Vishwas Agri Seeds IPO and Vruddhi Engineering Works IPO.

IPO Details

Vishwas Agri Seeds IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Vruddhi Engineering Works IPO is a SME Bookbuilding proposed to list at BSE SME.

 Vishwas Agri Seeds IPOVruddhi Engineering Works IPO
LogoVishwas Agri Seeds IPO LogoVruddhi Engineering Works IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtNSE SMEBSE SME
Lead ManagersISK Advisors Pvt.Ltd.Fedex Securities Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerSunflower Broking Pvt.Ltd.Rikhav Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Vishwas Agri Seeds IPO is up to ₹24.49 Cr whereas the issue size of the Vruddhi Engineering Works IPO is up to ₹4.51 Cr. The final issue price of Vishwas Agri Seeds IPO is ₹86.00 per share and of Vruddhi Engineering Works IPO is ₹70.00 per share.

 Vishwas Agri Seeds IPOVruddhi Engineering Works IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹66.00 per share
Issue Price (Upper)₹70.00 per share
Issue Price (Final)₹86.00 per share₹70.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares2000 shares
Fresh Issue Size28,48,000 shares6,44,000 shares
Fresh Issue Size (Amount)up to ₹24.49 Crup to ₹4.51 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total28,48,000 shares6,44,000 shares
Issue Size Total (Amount)up to ₹24.49 Crup to ₹4.51 Cr

IPO Timetable

Vishwas Agri Seeds IPO opens on Mar 21, 2024, while Vruddhi Engineering Works IPO opens on Mar 26, 2024. The closing date of Vishwas Agri Seeds IPO and Vruddhi Engineering Works IPO is Mar 26, 2024, and Mar 28, 2024, respectively.

 Vishwas Agri Seeds IPOVruddhi Engineering Works IPO
Anchor Bid Date
Issue OpenMar 21, 2024Mar 26, 2024
Issue CloseMar 26, 2024Mar 28, 2024
Basis Of Allotment (Tentative)Mar 27, 2024Apr 01, 2024
Initiation of Refunds (Tentative)Mar 28, 2024Apr 02, 2024
Credit of Share (Tentative)Mar 28, 2024Apr 02, 2024
Listing date (Tentative)Apr 01, 2024Apr 03, 2024
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Vishwas Agri Seeds IPO P/E ratio is 5.06, as compared to Vruddhi Engineering Works IPO P/E ratio of 17.13.

 Vishwas Agri Seeds IPOVruddhi Engineering Works IPO
Financials

Vishwas Agri Seeds Limited Financial Information (Restated Standalone)

Vishwas Agri Seeds Limited's revenue increased by 0.72% and profit after tax (PAT) rose by 115.43% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets8,071.955,351.893,362.932,095.59
Total Income4,247.496,532.186,485.805,382.66
Profit After Tax451.01534.14247.94116.30
Net Worth1,883.901,432.89478.75200.81
Reserves and Surplus1,183.90732.89398.75150.81
Total Borrowing2,862.871,877.881,697.171,275.08
Amount in ₹ Lakhs

Vruddhi Engineering Works Limited Financial Information (Restated)

Vruddhi Engineering Works Limited's revenue increased by 493.53% and profit after tax (PAT) rose by 697.99% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets808.58782.33100.143.02
Total Income935.361,309.62220.650.44
Profit After Tax41.0175.339.44-0.88
Net Worth253.13212.129.560.12
Reserves and Surplus68.77118.558.56-0.88
Total Borrowing301.91323.3747.492.22
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)100.0096.34
Promoter Shareholding (Post-Issue)70.00
P/E Ratio5.0617.13
Market Cap₹86.00 Cr.₹17.67 Cr.
ROE27.20%16.20%
ROCE14.60%15.53%
Debt/Equity1.19
EPS₹16.98₹4.09
RoNW23.94%16.20%

Shares Offered

In the Vishwas Agri Seeds IPO Retail Individual Investors (RII) are offered 14,24,000 shares while in Vruddhi Engineering Works IPO retail investors are offered 14,24,000 shares. Qualified Institutional Buyers (QIB) are offered in Vishwas Agri Seeds IPO and 3,20,000 shares in Vruddhi Engineering Works IPO.

 Vishwas Agri Seeds IPOVruddhi Engineering Works IPO
Anchor Investor Reserveration
Market Maker Reserveration1,52,000 shares36,000 shares
QIB3,20,000 shares
NII14,24,000 shares98,000 shares
RII14,24,000 shares2,26,000 shares
Employee
Others
Total28,48,000 shares6,44,000 shares

Bids Received (Subscription)

Vishwas Agri Seeds IPO subscribed 12.21x in total, whereas Vruddhi Engineering Works IPO subscribed 12.67x.

 Vishwas Agri Seeds IPOVruddhi Engineering Works IPO
QIB (times)1.05x
NII (times)12.80x28.14x
Big NII (times)
Small NII (times)
RII (times)11.57x20.10x
Employee (times)
Other (times)
Total (times)12.21x12.67x